Argentum AI in talks for $5 billion chip financing with private credit firm
Photo: Crypto Briefing
The Chicago-based neocloud is reportedly negotiating with a major private credit firm to fund GPUs for its Poland data center Argentum AI wants to borrow $5 billion to buy more chips. The cloud computing startup is in talks with a major private credit firm for the deal, Reuters reported, citing two people familiar with the matter. For a company founded in 2025, that is a big ask. It is also a revealing one, because of who the chips are reportedly meant to serve.
Source: Crypto Briefing
